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Tinkle Street, Grimoldby LN11 8SW

East Midlands

£600,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2830 sqft

Description

This unique modern detached home offers a wealth of potential for renovation and investment. Set on approximately three quarters of an acre, the property features extensive, well-maintained gardens and picturesque farmland views. Constructed to high standards in 2004, this versatile residence includes spacious living areas such as a sitting room with an inset multi-fuel burner, a breakfast kitchen with bespoke cabinetry, and a sunroom that opens to the patio. The five double bedrooms and ample bathroom facilities provide adequate accommodation for a large family. A standout feature is the two-storey garage that includes a loft room ready for conversion into an annexe, which could be ideal for independent living or rental opportunities (subject to planning). The expansive garden includes various outbuildings such as a log cabin garden room perfect for multiple uses and a secure tree house that enhances outdoor enjoyment. With thoughtful renovations, this property can transform into an exceptional home while maximizing its investment potential. Located within walking distance of village amenities yet set back from the road, it combines privacy with convenience.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£212/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£685,950
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tinkle Street, Grimoldby LN11 8SW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE